Nila Spaces Limited has fulfilled its regulatory obligations by submitting newspaper advertisement for dispatch of postal ballot notice to stock exchanges under SEBI regulations. The company's Company Secretary, Ms. Gopi Dave, communicated the submission to both BSE Limited and National Stock Exchange of India Limited on April 11, 2026.

Regulatory Compliance and Publication Details

The company published the postal ballot advertisement in two newspapers on April 11, 2026, edition to ensure wide dissemination of information to shareholders:

Postal Ballot Process and Timeline

The postal ballot notice, originally dated March 30, 2026, was dispatched to eligible shareholders on April 10, 2026. The company has established a comprehensive timeline for the voting process to ensure adequate participation from shareholders.

Shareholder Participation and Digital Access

The company has made the postal ballot notice accessible through multiple digital platforms to facilitate shareholder participation. The notice is available on the company's website at www.nilaspaces.com under the Investor Segment, as well as on the e-voting website of National Securities Depository Limited (NSDL) at www.evoting.nsdl.com .

Shareholders whose names appear in the Register of Members or Register of Beneficial Owners maintained by depositories as on the cut-off date of April 3, 2026, are entitled to cast their votes on the resolutions. The company has appointed Mr. Umesh Ved of M/s Umesh Ved & Associates, Practicing Company Secretary, as the Scrutinizer to conduct the postal ballot process in a fair and transparent manner.

Contact and Support Information

For shareholders requiring assistance with the e-voting process, the company has provided comprehensive support channels. Members can refer to the Frequently Asked Questions (FAQs) and e-voting user manual available on NSDL's website or contact the designated support teams for technical assistance and grievance resolution.

Nila Spaces Limited has announced a substantial intra-family share transfer within its promoter group, involving the gifting of 13600000 equity shares representing 3.46% of the company's total paid-up equity share capital. The transaction, executed on March 27, 2026, involved two separate but coordinated transfers from sons to their mother.

Transaction Details

The share transfer involved two promoter group members gifting their entire shareholdings to their mother through off-market transactions:

Both transactions were executed as gifts through off-market mode, with the shares being transferred from the sons to their mother, Chhayaben R Vadodaria, who is also part of the promoter group.

Impact on Shareholding Pattern

The transfer significantly altered the shareholding pattern within the promoter group:

Following the transaction, Chhayaben R Vadodaria's shareholding increased from 1.09% to 4.55% of the total paid-up equity share capital, making her a more significant stakeholder within the promoter group.

Company Share Capital Structure

The company's equity share capital remained unchanged following the transaction:

Regulatory Compliance

The transactions were disclosed in compliance with SEBI regulations, specifically:

• Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
• Regulation 7(2)(a) of SEBI (Prohibition of Insider Trading) Regulations, 2015

All three parties - Siddharth R Vadodaria, Karan R Vadodaria, and Chhayaben R Vadodaria - submitted their respective disclosures to BSE Limited and National Stock Exchange of India Limited on March 30, 2026. The company's management, through Company Secretary Gopi Dave, also submitted the consolidated disclosures to both exchanges, ensuring full regulatory compliance for the intra-family share transfers within the promoter group.